President Donald Trump’s nominee for secretary of labor expressed support for the Biden-era Butch Lewis Act, but also walked back her support for pro-union legislation.
A federal judge in Texas ruled that the 2022 ESG rule does not violate ERISA, reaffirming his initial decision made before the Supreme Court overturned the Chevron standard.
Employers can improve their offerings by enhancing the automatic 401(k) deferral rates and offering ‘must-have’ benefits to employees, according to a new Fidelity report.
The Standard names a regional vice president in retirement plans; Nationwide Retirement Solutions welcomes a consultant relations manager; ICI names a chief of staff; and more.
Vestwell unveils an emergency savings account offering; Corebridge Financial offers an enhanced digital experience for retirement plan participants; and more.
In its letter to Congress, ERIC urged lawmakers to ‘preserve and protect’ ERISA, maintain tax incentives in health and retirement plans, and impost health care cost transparency.
Department of Labor had filed notices of appeal in September 2024 regarding two federal court rulings that had stayed implementation of the expanded fiduciary rule.
The national trade association emphasized the importance of protecting retirement and health plans under ERISA and maintaining the current tax incentives associated with these plans.
Several union groups and a think tank attempted to prevent the Department of Labor from allowing Elon Musk’s Department of Government Efficiency to access sensitive data and information.